$1B+ Liquidated in 24H. Longs Took Most of the Hit
What happened: more than $1B in leveraged positions were wiped out over 24 hours, and about $931M of that was longs. Around $803M was liquidated in one four-hour window during the overnight flush.
By asset:
$ETH ~$455M $BTC ~$278M Largest single liquidation: an ETH position of ~$48M
Why it matters: crowded longs plus thin weekend-to-Monday liquidity made the moves bigger in both directions.
What to watch: funding rates and open interest. A reset in leverage often comes before calmer price action, but that’s not guaranteed.
#Liquidations #Bitcoin #Ethereum #Leverage
What happened: more than $1B in leveraged positions were wiped out over 24 hours, and about $931M of that was longs. Around $803M was liquidated in one four-hour window during the overnight flush.
By asset:
$ETH ~$455M $BTC ~$278M Largest single liquidation: an ETH position of ~$48M
Why it matters: crowded longs plus thin weekend-to-Monday liquidity made the moves bigger in both directions.
What to watch: funding rates and open interest. A reset in leverage often comes before calmer price action, but that’s not guaranteed.
#Liquidations #Bitcoin #Ethereum #Leverage